Bolivia seeks as much as $3.3 billion in IMF financing, Bloomberg News reports

Feb 11 (Reuters) – Bolivia is in talks with the International Monetary Fund over a program that could provide as much as $3.3 billion in financing, Bloomberg News reported on Wednesday, citing people familiar with the negotiations.

Government officials and IMF staff are discussing a medium- to long-term arrangement known as an Extended Fund Facility, which would allow Bolivia to borrow between eight and 10 times its IMF quota, or about $2.6 billion to $3.3 billion, the report said. 

Reuters could not immediately verify the report.

(Reporting by Rhea Rose Abraham in BengaluruEditing by Bernadette Baum)