Pa asesiad y mae Llywodraeth Cymru wedi'i wneud o’r effaith ar Gymru yn sgil y setliad cyllido newydd arfaethedig ar gyfer Gogledd Iwerddon?
Welsh Government Ministers have not seen any of the detail of the proposed new funding settlement for Northern Ireland, which is still being negotiated and has not yet been agreed. I will review the settlement once negotiations are finalised, and the final settlement has been published.
The UK Government should be providing investment in our vital public services, from which all devolved nations would receive consequential funding. We are all grappling with extreme pressures on services, caused by rising demand, persistently high inflation, unfunded public sector pay increases and higher energy bills.
The Welsh Government has been pressing for several years for additional flexibilities. The improvements made to the Scottish Fiscal Framework in relation to reserve and borrowing limits should be applied to Wales. This would mean:
· Indexing our borrowing and overall reserve limits to inflation.
· The abolition of our reserve draw-down limits.