The Governor of the Central Bank, Yang Jinnan, has opposed the proposal to use foreign exchange reserves for funding the sovereign fund, emphasizing the need for separate fundraising. The establishment of a sovereign fund in Taiwan has sparked significant discussion, initially dismissed by the National Development Council, which later reversed its position.

This issue has encountered three primary challenges. First is the initial assessment from the National Development Council, followed by difficulty in finding suitable personnel, and finally, the source of funding. Some legislators and managers suggested using foreign exchange reserves as a source of funding, which caused alarm at the Central Bank. Yang Jinnan argues that foreign exchange reserves should not be used in isolation, as they must interact with the New Taiwan Dollar.

The Central Bank generates substantial foreign exchange surplus through its operations, which eventually contributes to the government budget. Therefore, Yang Jinnan stresses the importance of seeking alternative funding sources, such as taxes or issuing bonds, to establish the sovereign fund. This situation highlights the prevalence of financial illiteracy in Taiwan, indicating a need for better financial education.