Consider the case study: Merida III, Mexico, to answer the following questions:

$1.$Is this a PPP structure? If so$,$ what kind of PPP structure was this? Give a reason for your answer. $(5)$

$2.$What are IFC A and B Loans? $(5)$

$3.$What role did the IFC play as a stakeholder in this project? $(4)$

$4.$ Using a well labelled diagram, identify the main parties in the project and the contracts

that bind them. $(23)$

Note the statement below for questions $5,6$ and $7.$

$$If the Borrower runs into financial difficulties, or if there are political and regulatory

problems, the IFC is in an advantageous position to enlist the help of other multilateral

agencies, such as the World Bank or the IMF, to pursue possible solutions.$$

$5.$ In this statement, what are the $3$ kinds of risks that are being alluded to$?(6)$

$6.$ Other than the IFC using its advantageous position with the mentioned multilateral

institutions, how else could each of these risks be mitigated? $(3)$

$7.$ What role was played by Sanwa Bank? $(4)$