Prime Minister Anwar Ibrahim holds authority to request early dissolution of the 15th Parliament from the Yang di-Pertuan Agong, which would trigger a general election within 60 days, while automatic dissolution occurs on 19 December 2027 if no earlier action is taken. Coalition strains within the ruling alliance, combined with recent state assembly dissolutions in Johor, Negeri Sembilan, and others, have fueled speculation of alignment between federal and state polls as early as late 2026. As of early August 2026, however, no dissolution request has materialized despite May and June comments from Anwar weighing a snap poll against alliance risks. Traders therefore assign the highest probability to dissolution by mid-2027, reflecting the prime minister’s flexibility on timing and the absence of immediate triggers such as a lost confidence vote or supply motion.