$878m input

The international business and financial sector says it contributed just under $900 million to the Barbados economy in 2010.
According to figures compiled by the Economic Contribution Committee of the Barbados International Business Association (BIBA), even as business dropped as a result of the global economic slowdown in 2010, the sector contributed $878.74 million to the local economy.
According to the 2012 BIBA annual report, the bulk of the contribution came from salaries and wages, legal fees, hotel accommodation and administrative expenses, which totalled $666.44 million two years ago.
More important, the BIBA committee revealed that about 4 106 people – mainly professionals – were employed in the sector, earning some of the highest salaries on the island. (GE)