The IMF is a corrupt organization. If you want to know more, read some pieces about how the World Bank was established and all the controversies behind it. IMF is known for blackmailing countries and forcing them into debt for continuous exploitation.

We all know how they tried to put pressure on El Salvador and now they're trying to discredit the country. This company was created to help rebuild countries after WW2, but ended up being this bully. If you and me did what they're doing we'd go to ail for it, but the IMF has all the money and all the lawyers they need to bend the law in their favor. I wouldn't be surprised if they actually were making the laws by pulling strings in other corrupt organization like the European Commission.

El Salvador is a Bitcoin-friendly country, they have been holding Bitcoin for a long time. So I never believe that the IMF, this lending institution, will suddenly make false comments about El Salvador, the IMF will completely deny the comments made by Nayib Bukele. Because before this, the IMF, this lending institution, had issued such warnings and restrictions on Bitcoin holding, but in no way did the government of El Salvador, Nayib Bukele, care about their restrictions.
So I do not think this current ban is necessary, because the government of El Salvador will continue to hold Bitcoin with its own plan and will move towards development by keeping its country under proper control.

Obviously, they have the power to lend to everyone and they put pressure on the left countries because they have very few assets due to which they cannot harm them and even if they go against them, who will give them loans today. Obviously, now there are some countries which are under the pressure of their own poverty, if they improve their own economy, they can succeed in it.