Roedd Datganiad y Canghellor ac adroddiad y Swyddfa Cyfrifoldeb Cyllidebol yn sôn llawer am ragolygon economaidd y DU. Mae disgwyl i CMC grebachu 0.1% eleni ac yna gynyddu’n raddol dros y 5 mlynedd nesaf. Mae’r Canghellor yn ymateb i’r rhagolygon hyn – rhagolygon sy’n wannach na’r disgwyl – drwy dderbyn nad ydyw wedi cwrdd â’i dargedau ar gyfer y ddyled.
There was much in the Chancellor’s Statement and the report of the Office for Budget Responsibility about the UK’s economic prospects.  GDP is expected to contract by 0.1% this year and then expand gradually over the next 5 years.  The Chancellor is responding to this weaker than expected economic outlook by accepting that he has not met his debt targets.