Malaysia's 15th Parliament, which first convened in December 2022, faces automatic dissolution no later than December 2027 unless the Yang di-Pertuan Agong acts earlier on the prime minister's advice. Prime Minister Anwar Ibrahim has repeatedly emphasized the unity government's mandate to complete its term, citing the need for stability to deliver economic growth and reforms, while coalition partners have noted that historical federal elections typically occur after roughly three-and-a-half to four years. Recent state assembly dissolutions and polls in Johor and Negeri Sembilan highlighted internal strains within the Pakatan Harapan–Barisan Nasional alliance, yet Anwar has downplayed immediate snap-election pressure. Traders monitor coalition cohesion, any shifts in party positioning ahead of the 2027 budget, and statements from UMNO and other partners for signals that could accelerate or delay dissolution.