Moody’s Upgrades Zambia to Caa1 on Improving Debt Outlook

Moody’s upgrades Zambia – Zambia Daily Mail News Website

Caa1 rating reflects progress in debt restructuring, fiscal consolidation – Govt CHOMBA MUSIKA Lusaka GOVERNMENT says Moody’s Ratings’ upgrade of the country’s sovereign credit rating from Caa2 to Caa1 is another step in the country’s recovery from the debt distress that culminated in its 2020 default. The Ministry of Finance and National Planning said the […]

Zambia : Govt. Welcomes Moody’s Ratings’ To Upgrade Zambia’s Independent Rating From Caa2 To Caa1

The Ministry of Finance and National Planning has welcomed Moody’s Ratings’ decision to upgrade Zambia’s sovereign rating from Caa2 to Caa1, noting that it comes after Zambia reached a staff-level agreement with the International Monetary Fund  for a proposed 36-month Extended Credit Facility arrangement worth US$1.472 billion. Moody’s rating from Caa2 to Caa1 indicates a […]

Moody’s upgrades Zambia to Caa1 on improving debt outlook

MOODY’s Ratings has upgraded Zambia’s sovereign credit rating from Caa2 to Caa1 and maintained a positive outlook, effective 30th October 2026. The agency said the upgrade reflects substantial and sustained improvement in Zambia’s government debt trajectory, marking further progress since its 2020 default. The action follows Zambia’s 9th October 2026 staff-level agreement with the IMF […] The post Moody’s upgrades Zambia to Caa1 on improving deb…

MOODY’S UPGRADES ZAMBIA’S CREDIT RATING

MOODY’S UPGRADES ZAMBIA’S CREDIT RATING Zambia’s sovereign credit rating has been upgraded from Caa2 to Caa1 by Moody’s Ratings, with a positive outlook, strengthening the country’s international credit standing ahead of the 2027 National Budget presentation on Friday, 6 November 2026. Announced on 30 October 2026, the upgrade reflects Moody’s assessment of substantial and sustained […] The post MOODY’S UPGRADES ZAMBIA’S CREDIT RATING first appe…