The phrase "the statement lacks" is correct and usable in written English.
You can use this phrase in a sentence when you are implying that a statement does not contain something necessary, or is missing something that is needed. For example, "The statement lacks substance and fails to address the issue effectively."
Interior Minister Carlos Holguín said the statement lacked clarity.
How Can We Fix This?, produced by Adrian Bushby (Muse, Foo Fighters, My Bloody Valentine, Everything Everything), is the first great new debut album of the year, and if that statement lacks credence given our position in the calendar then come back and ask us again in June or November.
Gaynor Hartnell, the chief executive of the Renewable Energy Association, said: "It makes strategic sense to invest in renewables, to help pull the UK out of the doldrums, yet the autumn statement lacks any specific new measures.
A Security Council statement lacks the coercive power of a resolution, which was likely to have been opposed by Russia, Syria's principal ally on the Council.
If the home nations' autumn statement lacked conviction for much of the past month, there were at least belated signs of deficit reduction against the southern hemisphere's finest.
Whilst we think that we were inclusive and broad in our approach, the terminology within each statement lacked specificity and may have been subject to our interpretation; a different group of researchers may have captured different studies.
It said NextWave's disclosure statement lacked "even the most basic information about the financing".
For instance, the question arises whether the claim that meaning statements lack descriptive content can accommodate the role of such statements in inferential contexts.
In the year 2008, De la Torre and colleagues carried out a research on SME financing and they found that FIs dissuade a loan to SME owners for the opaqueness and informal environment of business, absence of the financial statement, lack of collateral, and information asymmetry.
