Geraldo Alckmin: 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.
So, the first measure is credit renegotiation, capping it at 1.99% per month for the informal worker.
Geraldo Alckmin: The other is for the formal worker.
Geraldo Alckmin: The formally employed worker is also capped at 1.99% per month.