Mark Drakeford is asking ministers to find cuts from their own departments amid rising costs.
The Welsh government's budget is generally set by the start of the financial year in April and having to make significant savings mid-year is unusual.
The Welsh government also suddenly scrapped £4.4m for monitoring sewage for Covid, despite a minister having officially opened a research centre in Bangor just months before.A government source said the decision not to extend free school meals over the holiday showed how serious the situation was. Like the rest of society the government has rising costs. Although it has come down from recent peaks, inflation remains higher than it was a few years ago, with the rate of consumer prices increasing by 7.9% in the year to June.
The written statement will likely make the case that public services are fragile after a decade of austerity, Brexit, record inflation and last year's mini-budget.
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