I also read this news 2 days ago and to be fair it is hard to know if El Salvador is lying to us or the IMF is lying?
But I lean towards the IMF and what they say, simply because El Salvador depends on them for loans, and the survival and interests of the nation must come first.
What is the point of investing in bitcoin if the national economy is collapsing and people's lives are miserable? As president, Nayib Bukele knows that better than anyone, so I think El Salvador is lying to us. But I don't blame them because as I said, the survival and interests of the nation must come first. Not only them, I believe any of us or any country in the same situation would do the same.
If it is true that El Salvador is investing in bitcoin with a loan, then they are already contradicting the original terms of the investment. I doubt how much that will actually help them.
However, nowadays, the IMF and no one in any other country can be trusted because it is controlled by some whale peoples, and the IMF in particular is already famous for its criticism. But yes, I agree that El Salvador is not working according to their plan, and if that is the case, it is not a bad thing for the good of its people.