Pakistan’s parliament made history Thursday by becoming the first in the country’s history to complete a full term in office.

Pakistan's parliament made history Thursday by becoming the first in the country's history to complete a full term in office, dissolving in a low-key session that paves the way for elections.

The country of 180 million, where Taliban attacks and record levels of violence directed against the Muslims have raised fears about security for the polls, is now due to elect new leaders by mid-May.

"The session that started on February 18, 2013 has prorogued on completion of its business," said Yasmeen Rehman, lawmaker for the main ruling Pakistan People's Party, reading out a letter from President Asif Ali Zardari.

Rehman stood in for the national assembly speaker, who was not present. Very few lawmakers turned out for what was the last session of Pakistan's 13th national assembly, consisting mostly of farewell speeches.

Zardari has yet to announce a date for the elections. Politicians are still negotiating the make-up of a caretaker administration which is set to replace the government within days, for the duration of the election campaign.

The dissolution of the national assembly is a milestone in Pakistan, where the military has seized power three times in coups and ruled for around half the country's existence.

Analysts attribute the success to Zardari's ability to keep the coalition intact, the army chief of staff's determination to keep out of politics and the opposition's unwillingness to force early elections.

But despite passing key legislation, which rolled back decades of meddling by military rulers, the parliament has presided over staggering economic decline and worsening security over the last five years.