The move comes as part of efforts to resolve a months-long political crisis that gripped Iraq since last year’s general election.
President Barham Saleh says early legislative elections would be in line with the aspirations of the Iraqi people and would guarantee political and social stability.
Since elections in October last year, political deadlock has left the country without a new government due to disagreement between factions over forming a coalition.
A statement by the Supreme Judicial Council accused Shia cleric Muqtada al Sadr’s supporters of pressuring the Federal Supreme Court to dissolve Parliament.
Powerful Shia cleric Muqtada al Sadr tells his loyalists he is firm on his demands to dissolve parliament and hold early elections in the Arab country, which has remained without an elected government for nearly 10 months now.
The country's federal court has given lawmakers until April 6 to choose a new president.
The postponement exacerbates Iraq's political problems because it is the task of the president to formally name a prime minister, who must be backed by an absolute majority in parliament.
Iraq's parliament session resumed after an earlier disruption, as 200 lawmakers picked incumbent Parliament Speaker Mohamed al Halbousi for a second term.
Moqtada al Sadr's party is the biggest winner in the Iraqi election, increasing the number of seats the Muslim cleric holds in parliament, according to initial results, officials, and a spokesperson for the Sadrist Movement.
Iraqi cleric Moqtada al Sadr gives Iraq's leaders 72 hours to vote on technocrats' cabinet otherwise he will re-start protests
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