Blocked funds

Blocked funds

Cash flows generated by a foreign project that cannot be immediately repatriated to the parent firm because of capital flow restrictions imposed by the host government.

Blocked Funds

Money generated by a company's foreign operations that cannot be moved from one country to another because of one or more regulations in the country in which the money was generated. For example, a government may place a limit on the maximum amount that may be moved out of a country over a given period of time. Having an excessive amount in blocked funds may harm a company's cash flow. See also: Political risk.
References in periodicals archive ?
Some examples include:Currency controls prevent airlines from repatriating their revenue; total blocked funds now stand at US$3.
In congressional testimony last January, David Cohen of the US Treasury put the size of the blocked funds at $100 billion.
In particular he provided insightful guidance as we grappled with diverse challenges including aircraft tracking, overflight of conflict zones, Ebola and the continuing issue of blocked funds in Venezuela.
2bln of Iranian blocked funds should be released in three phases, $4.
2 billion in blocked funds globally, two industry sources said.
The NGO Affairs Bureau has previously blocked funds to groups and opened investigations on political grounds, Human Rights Watch said.
IATA continues its call for the immediate release of the blocked funds for repatriation at the exchange rates in place at the time the funds were generated.
They demanded immediate release of blocked funds in refund regimes enabling the textile exporters to reap the benefits of GSP plus status.
Iran Receives $525 Million in Blocked Funds The money has begun to flow back into Persia and there's more where that 500 million came from.
Iran to get first $550m of blocked funds in February
The deal provides for Iran to receive temporary, conditional access to several billion dollars of blocked funds over the next six months as diplomats try to negotiate a final agreement.
Omirou said that a House education committee meeting today aiming to free up some of the blocked funds would enable universities to carry on their work.