WARMING SIGNS OF DEVELOPMENT AND CONSIDERABLE PROGRESS, INCLUDING IN THE AREAS OF DISARMAMENT, SECURITY AND HUMAN RIGHTS. THE SUCCESSFUL ELECTION AND SUBSEQUENT INAUGURATION OF PRESIDENT ELLEN JOHNSON-SIRLEAF IN JANUARY WERE NOTABLE MILESTONES IN A PROCESS OF DEMOCRATISATION AND STABILISATION THAT STARTED IN LIBERIA NEARLY THREE YEARS AGO. THERE ARE AN ESTIMATED 160,000 LIBERIAN REFUGEES STILL OUTSIDE THEIR HOMELAND. OUT OF THE ESTIMATED 340,000 LIBERIAN REFUGEES REGISTERED IN COUNTRIES OF ASYLUM AT THE END OF 2003, SOME 180,000 HAVE ALREADY RETURNED HOME SINCE THE START OF THE VOLUNTARY REPATRIATION OPERATION IN OCTOBER 2004. OF THOSE, OVER 63,000 RETURNED WITH THE HELP OF UNHCR'S VOLUNTARY REPATRIATION PROGRAMME, WHICH BEGAN IN OCTOBER 2004, WITH 3,221 RETURNING FROM GHANA TO DATE. GHANA HOSTS SOME 39,000 LIBERIAN REFUGEES, WHO FORM THE MAJORITY OF THE 60,000 REFUGEES IN THE COUNTRY. -- SPA