English: Budget Exchange System
Welsh: System Cyfnewid Cyllidebau
Subject: Cyllid ac ystadegau
English definition: The system under which the Welsh Government is able to carry forward underspends, up to an agreed cap. The agreed cap is 0.6% of our Resource DEL budget and 1.5% of our Capital DEL budget.
Welsh definition: System y gall Llywodraeth Cymru ei defnyddio i ddwyn symiau a danwariwyd yn eu blaenau, hyd at derfyn y cytunwyd arno. 0.6% o’n cyllideb DEL Adnoddau ac 1.5% o’n cyllideb DEL Cyfalaf yw’r terfyn y cytunwyd arno.