Translate the text from Welsh to English.



 
Cyfarfu’r Cabinet ar 1 Awst i drafod y pwysau ariannol sylweddol yr ydym yn eu hwynebu yng nghyllideb 2024\-25, ac i barhau â’r paratoadau ar gyfer cylch cyllidebol 2024\-25\.


Wrth baratoi ein cyllideb ar gyfer 2023\-24, fe wnaethom dynnu ar yr holl adnoddau sydd ar gael inni er mwyn diogelu gwasanaethau rheng flaen a darparu cymorth costau byw a dargedir ar gyfer unigolion a’r economi.


Ond hyd yn oed ar ôl gwneud hyn i gyd, roedd ein sefyllfa ariannol, wedi Cyllideb y Gwanwyn y DU ym mis Mawrth, hyd at £900m yn is mewn termau real na phan bennwyd y gyllideb honno gan Lywodraeth y DU ar adeg yr adolygiad o wariant diwethaf yn 2021\.


Dyma’r sefyllfa ariannol fwyaf heriol yr ydym wedi ei hwynebu ers datganoli.


Rydym yn y sefyllfa hon o ganlyniad i weld y lefelau uchaf o chwyddiant erioed ar ôl y pandemig; ac oherwydd bod yr economi a chyllid cyhoeddus wedi cael eu camreoli gan lywodraethau olynol y DU yn ystod y 13 o flynyddoedd diwethaf, yn ogystal â’r ymrwymiadau a wnaed heb iddynt gael eu hariannu gan Lywodraeth y DU, yn enwedig mewn perthynas â chyflogau yn y sector cyhoeddus.


Bydd y Cabinet yn gweithio dros yr haf i liniaru’r pwysau cyllidebol hyn yn seiliedig ar ein hegwyddorion, gan gynnwys diogelu gwasanaethau cyhoeddus rheng flaen, cyn belled â phosibl, a thargedu cymorth tuag at y rheini sydd â’r angen mwyaf. Rhoddir diweddariad pellach i’r Senedd unwaith bod y gwaith hwn wedi cael ei gwblhau.


Mae’r datganiad hwn yn cael ei gyhoeddi yn ystod y toriad er mwyn sicrhau bod yr aelodau’n cael yr wybodaeth ddiweddaraf. Os bydd aelodau am imi wneud datganiad pellach neu ateb cwestiynau am hyn pan fydd y Senedd yn dychwelyd, byddaf yn hapus i wneud hynny.







Translation:


 
The Cabinet met on 1 August to discuss the significant financial pressures we are facing in the 2023\-24 budget, and to continue preparations for the 2024\-25 budget round.


When we made our budget for 2023\-24, we drew on all our available resources to protect frontline services and provide targeted cost\-of\-living support to individuals and the economy.


But even after doing all that, our financial position after the UK Spring Budget in March, was up to £900m lower in real terms than when that budget was set by the UK Government at the time of the last spending review in 2021\.


This is the toughest financial situation we have faced since devolution.


We are in this position because of the record levels of inflation we have experienced post\-pandemic; because of the mis\-management of the economy and public finances by successive UK governments over the last 13 years and because of unfunded commitments made by the UK Government, particularly in relation to public sector pay.


The Cabinet will be working over the summer to mitigate these budgetary pressures based on our principles, which include protecting frontline public services, as far as possible, and targeting support towards those at greatest need. A further update will be provided to the Senedd once this work has been completed.


This statement is being issued during recess in order to keep members informed. Should members wish me to make a further statement or to answer questions on this when the Senedd returns I would be happy to do so.