"Er gwaethaf yr addewid a wnaed gan Lywodraeth y DU na fyddai Cymru ar ei cholled wedi i'r DU adael yr UE, y realiti yw ein bod yn wynebu colled o fwy na £1 biliwn mewn cyllid na chafwyd arian yn ei le. Ni all Llywodraeth Cymru lenwi'r twll enfawr y mae Llywodraeth y DU wedi'i greu yng nghyllideb Cymru, sy'n golygu y bydd angen i ni a'n partneriaid yng Nghymru - sydd wedi elwa o gyllid yr UE o'r blaen - wneud penderfyniadau anodd ar beth i'w ariannu yn y dyfodol.
“Despite the promise made by the UK Government that Wales would not be worse off from the UK leaving the EU, the reality is we are facing a loss of more than £1 billion in un-replaced funding. The Welsh Government cannot fill the massive hole the UK Government has created in the Welsh budget, which means we and our Welsh partners - who have previously benefited from EU funding - will need to take tough decisions on what to fund in future.