Prime Minister Anwar Ibrahim holds sole authority to advise the Yang di-Pertuan Agong on dissolving the 15th Parliament before its automatic expiration on 19 December 2027, giving his unity government flexibility to time the move ahead of the latest possible general election in February 2028. Recent statements from Anwar in July 2026 dismissing immediate dissolution calls, combined with coalition performance in the July Johor and August Negeri Sembilan state polls, have shaped trader views favoring a mid-2027 window as the consensus timing to balance electoral advantage against risks of further erosion in support. Speculation persists around potential alignment with remaining state contests, such as Melaka in December 2026, for cost efficiencies and momentum, while economic pressures and opposition dynamics remain key variables that could prompt an earlier or delayed decision within the constitutional window.