Jordan's new prime minster is considering a new economic plan. An earlier idea of tax hikes and spending cuts triggered huge protests and forced his predecessor to resign. CGTN's Stephanie Freid reports from Amman.

Tax hikes and subsidy cuts were put on the ice Thursday as Jordan's prime minister - appointed days ago by the country's king - said he'll formulate a plan that's more appealing to the country's nine and a half million residents.

OMAR AL-RAZZAZ JORDANIAN PRIME MINISTER "We will be in discussions over our first priorities, the income tax law, and second over the entire agenda. God willing we will hold many meetings and by the end of today, we will be able to reach a clear vision for the future."

Plans to implement the new tax hike throughout Jordan sparked the biggest protests the Hashemite Kingdom has seen in years. Formulated in conjunction with the International Monetary Fund, the hike was intended to offset Jordan's almost forty billion dollar debt. As Jordan's prime minister announced he was freezing the tax rise, Union leaders claimed victory, saying the residents' collective voice had been heard.

OMAR AL-RAZZAZ JORDANIAN PRIME MINISTER "People have the right to express themselves, people have the right to have their voices heard through official means, through social media and through meetings, this is a valid right. We must listen to these discussions and we have to take immediate measures to return to the right path."

STEPHANIE FREID AMMAN "The freeze doesn't mean the tax disappears, Jordan still has to pay off its debt. But neither the IMF nor Jordan's government is interested in instability as the price for repayment. Creative strategies, incentives and stretching the repayment out over time are among expected solutions. Stephanie Freid, CGTN, AMMAN JORDAN."