Eminent economist and opposition SJB MP has suggested that multilateral organizations like the World Bank and ADB would lend money to establish this fund, as over 1 billion dollars would be needed.

Sri Lanka’s gross official reserves went up by 472 million US dollars in March 2023 to 2691 million US dollars, data show, helped by a credit crunch and residual balance from the first tranche of an International Monetary Fund loan.

Sri Lanka’s foreign reserves, collected from current inflows are usually loaned the US or similar top-rated borrowers,
Under the IMF program at least 1.4 billion US dollars have to be collected from current inflows and loaned to third countries

In March 2023 the central bank had bought 320 million US dollars and another US$211 in February on a net basis from export proceeds and remittances as domestic private and SOE credit slowed amid high interest rates and market priced energy