Lluniwyd y Gyllideb yng nghyd-destun pwysau ariannol sylweddol, gyda chwyddiant yn lleihau gwerth Cyllideb Llywodraeth Cymru 2023-24 o hyd at £1bn. At hynny, mae gostyngiadau cyllid Llywodraeth y DU ar ôl ymadael â'r UE wedi arwain at ddiffyg cyllid o fwy na £1.1bn rhwng 2021 a 2025.
The Budget has been delivered in the context of significant financial pressures, with inflation reducing the value of the Welsh Government’s 2023-24 Budget by up to £1 billion, and the UK government’s post-EU funding reductions leading to more than a £1.1 billion funding shortfall between 2021 and 2025.