I had the same thought. Taking out IMF loan can have a good short term effect. But usually it doesn’t work very well over the long term. That’s before Bitcoin era thou. Bukele might be able to leverage the loans and acquire BTC. Same as what Saylor is doing but Bukele can do on nation based level.
Discussion
It's going to be more complicated than leveraging the loans to buy more BTC, because under the IMF program they're not supposed to accumulate any more BTC. They're obviously still accumulating BTC at the moment, so I'm not clear on when they would begin abiding by that requirement.