KIEV, Feb. 14 - Ukraine's Audit Chamber said the country made ineffective use between 2001 and 2006 of loans from international financial organizations and that as a result it received $1.9 billion less in that period in loans than it parted with as loan repayment and servicing.

"The current status of Ukrainian economic and social development projects supported by international financial organizations offers evidence of ineffective use of foreign loans," the Chamber said in a report posted on its website.