The Welsh Assembly Government has outlined its draft budget for the next three years.
Health and education budgets will fall slightly but other devolved areas including transport will see significant cuts with spending on big infrastructure projects like building roads, hospitals and schools being delayed or cancelled altogether.
Speaking this afternoon budget minister Jane Hutt said that Wales was facing a budget cut of £860m within the next year and subsequently tough decisions had been made.
The assembly government has said its budget has been based on the principle of “Chwarae Teg” (translation: Fair Play) with the intention of safeguarding “the weak and the vulnerable”.
But earlier today Welsh charities held a vigil outside the Senedd concerned that cuts would negatively affect many in Wales.
Ms. Hutt said that the assembly government was on record as stating its opposition to the speed and depth of cuts imposed by the UK government:
“This draft budget is framed against the most difficult financial backdrop since the advent of devolution. ”
“However having been dealt this hand, we are determined to do what it takes to stand up for the people of Wales and continue to provide the right support for those who need it most,” she said.
“Our draft budget is about building resilience – resilience in our economy, and in the provision of vital services on which people depend.”