He added that the economic impact of conflicts should be evaluated honestly, pointing out that gains in gold prices could offset losses from rising energy costs. “But you see, when we talk about the impact of this war, I think we should be honest with ourselves. “As the price of petroleum products or energy supplies goes up, the gold prices are also hitting the roof so we have to be honest about it. We can net off the gains in gold prices against the losses in fuel and cushion our people,” he explained. Kwesi Pratt Jnr criticised analysts who attempt to equate the impact of different wars on the global economy.

Source: GhanaWeb March 11, 2026 14:57 UTC