THE Economics Association of Zambia (EAZ) says Moody’s projection that Zambia’s debt will reduce is a positive development that will attract more investments into the country. Recently, Moody’s Ratings projected that Zambia and Ethiopia would record the largest reductions in government debt in sub-Saharan Africa. The rating comes after Zambia secured a US$1.5 billion IMF staff-level agreement, which will run for three years. In an interview, Tuesday, EAZ National Secretary Dr John Musantu said such ratings were good for the country’s image if it aimed to attract global investment. “This rating by Moody’s means more investment for Zambia. It will boost investor confidence in Zambia. The way ratings work, it’s like the way our bonds were just registered by JPMorgan....