Yup, there is. And it's not a democratic system. But the point is that, even to the autocratic cannibals that are currently in power, it matters to keep a sizeable chunk of the population just content enough to be a majority supporter of the status quo. Thus, elections matter. They are a way to gauge the stability of the system. I have no doubt that, prior to the elections, the party will expend a lot of its resources to placate, inspire, threaten, confuse the population in its favor. Stuff like further mobilisations and austerity measures will come after the elections.