Turkish President Recep Tayyip Erdogan announced Friday that the country will hold new parliamentary elections in November.
Erdogan's announcement came after ruling Justice and Development Party (AKP) failed in efforts to form a coalition with two small opposition parties within a 45-day time frame, which ends on Sunday night.
"After 45 days, I will meet my parliament speaker again and after this talk, we will hopefully bring our country to an early election," Erdogan said in Istanbul, according to Anadolu Agency. "Hopefully, Turkey will again hold an election on November 1."
The new election would come less six months after Turkish voters gave the country's first fracture mandate since 2002, according to Dow Jones news wires.
The Turkish President also announced that he would form an interim government to lead the country to parliamentary poll. He is expected to ask incumbent Prime Minister Davutoglu to take over interim government.
"One thing important here is that whoever I assign [...] will form the caretaker government from within or outside the parliament. With this cabinet, we will go to the election. Here is the process," said Erdogan, Anadolu Agency reported.
Erdogan had asked Prime Minister Ahmet Davutoglu of AKP to form a new government following the June 7 parliamentary elections, which delivered a hung parliament with no single party majority, the Associated Press reported.
The ruling AKP lost its majority in Turkish Parliament, also known as the Grand National Assembly of Turkey (TBMM), in June for the first time since it came to power in 2002, according to Daily Sabah. The pro-Kurdish Peoples' Democratic Party (HDP) for the first time passed the 10 percent national election threshold to make it into Parliament by winning 80 seats.