Written by Jubilee USA Network   

The G7 concluded its annual summit today. The summit was dominated by discussions on the Ukraine, but debt, taxes and financial reform were also important focuses.

Eric LeCompte, Executive Director of Jubilee USA, a religious anti-poverty organization, releases the following statement:

"Although the Ukraine crisis dominated the G7 conversation, it acknowledged the need to address the global debt crisis before we have another global financial crisis. The clock is ticking.

"It's important that the G7 acknowledged the need to curb tax avoidance, end corruption and promote transparency. We need greater commitments from world leaders as soon as possible to lift people out of poverty."

Read the official Brussels G7 Summit Declaration: http://jubileeusa.org/fileadmin/user_upload/G7_Declaration.pdf

Jubilee USA Network is an alliance of more than 75 US organizations, 400 faith communities and 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org