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UPDATE 1-Indonesia eyes domestic growth sources amid crisis
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LIMA, Nov 21 (Reuters) - Indonesia, expecting a slowdown in economic growth to 6 percent in 2008 in the face of a global economic crisis, intends to turn to its large domestic market to maintain growth, President Susilo Bambang Yudhoyono told executives from Asia and the Americas on Friday.
Yudhoyono did not give figures for new spending, but said Jakarta would boost growth with infrastructure projects like power plants, and fight poverty with greater spending on education and health care.
With global markets weakening and soft prices for the commodities Indonesia exports, "sources of growth will come more from our large domestic market," he said at a summit of the Asia-Pacific Economic Cooperation forum in Peru.
"We also have a strong focus on infrastructure projects," said Yudhoyono. He cited roads, railways and industrial projects to boost development and sustain growth in the Southeast Asian archipelago nation. (Reporting by Paul Eckert; editing by Todd Eastham)
