You can take out loans from two sources:
- Loans provided by a particular country
- The IMF
If order to qualify for loan taking out, you must build an embassy of the country you want to take out a loan from. The max period for which a loan is provided is 1 year. The sum of money provided depends on the GDP of the country in question.
The IMF offers lower interest rates and less money.
The money is transferred to the budget right upon clicking the “Take out a loan” button.
Loans must be paid back within a year. If the money is not paid back, the sum will be withdrawn from your budget.