in g leaders made a commitment to rationalise and phase out over the medium term inefficient fossilfuel subsidies that encourage wasteful consumption and called on the rest of the world to do the same in addition to being environmentallyharmful the subsidies absorb substantial public resources that could be spent elsewhere and largely benefit the wealthy the indonesian government continues to pursue reform however at the beginning of it grasped the opportunity offered by falling world oil prices to scrap its existing petrol and diesel pricesetting regime