Erdoğan’s current constitutional term as president extends through 2028, with the next scheduled election no later than May 2028. Recent statements from the president and AKP actions signal preparation for an early vote or constitutional steps to enable another candidacy, while legal proceedings have sidelined key opposition figures such as Ekrem İmamoğlu and fragmented the CHP into a new splinter party. AKP gains of mayoral positions and parliamentary defections from opposition ranks further consolidate the ruling coalition’s position ahead of any contest. No verified health, resignation, or institutional developments point to an exit before year-end 2026, aligning trader consensus on continuity through the period.