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Parliament in Haiti has been dissolved after the failure of last-ditch negotiations over a new electoral law, the BBC reported.

President Michel Martelly had been trying to secure backing for a US-sanctioned plan to postpone elections again.

He now effectively rules the country by decree but his term of office runs out next year.

Haitian opposition say they will continue months of street protests to try to force his resignation.

The political deadlock is centred on a dispute over a new electoral law, which opposition lawmakers have refused to approve.

On Sunday, President Martelly said he had reached a last-minute deal with the opposition to hold the elections.

But a key opposition party left-wing Fanmi Lavalas, which has been at the forefront of anti-government protests, was not part of the deal.

"Martelly will not be able to hold onto power. He is not going to be able to remain. We're not going to stop until he leaves," said Andre Michel, a lawyer and opposition figure.