What Geraldo Alckmin said about limit renegotiation interest rates for workers to 1.99% per month

Geraldo Alckmin: There are three objectives.

Geraldo Alckmin: First, the informal worker.

So, it opens up for the informal worker who is in good standing — that is, who is up to date, at most up to 90 days past due — to be able to renegotiate their debt with an interest rate cap of 1.99% per month.

Geraldo Alckmin: There are informal workers paying 5%, 6%, 7%, even 10% per month.

Geraldo Alckmin: So, the first measure is credit renegotiation, capping it at 1.99% per month for the informal worker.