Mis Hydref diwethaf, mewn ymateb i'r sylwadau hynny gan randdeiliaid, cyhoeddodd Ysgrifennydd y Cabinet dros Gyllid ar y pryd, Mark Drakeford y bwriad i weithio gyda'r Sefydliad ar gyfer Cydweithrediad a Datblygiad Economaidd (OECD) ac i sefydlu Grŵp Llywio Buddsoddi Rhanbarthol yng Nghymru (y Grŵp Llywio) dan gadeiryddiaeth Huw Irranca-Davies AC. Y bwriad oedd sicrhau bod trefniadau ar gyfer y dyfodol yn cael eu datblygu mewn partneriaeth wirioneddol a'u hadeiladu ar arferion gorau rhyngwladol. Cadarnhaodd Ysgrifennydd y Cabinet dros Gyllid hefyd y byddai'r cyllid amgen yn cael ei ddefnyddio ar gyfer datblygu economaidd rhanbarthol ac i fynd i'r afael ag anghydraddoldebau, y byddai'n parhau i gael ei gynllunio a'i gyflawni ar sail aml-flwyddyn, ac y byddai'n canolbwyntio ar ganlyniadau.
Last October, in response to those views from stakeholders, the then Cabinet Secretary for Finance, Mark Drakeford, announced the intention to work with the Organisation for Economic Co-operation and Development (OECD), and to establish a Regional Investment for Wales Steering Group (the ‘Steering Group’), chaired by Huw Irranca-Davies AM. This is intended to ensure that future arrangements are developed in genuine partnership and build on international best practice. The Cabinet Secretary for Finance also confirmed that replacement funding would be used for regional economic development and to tackle inequalities, would continue to be planned and delivered on a multi-annual basis, and would be more outcome-focused.