After the assassination of Benazir Bhutto on 27 December 2007, the 2008 parliamentary elections which were scheduled to be held in January were postponed until 18 February. The PPP won the considerable victory on among all political parties, gaining a momentum of general seats 121 from all provinces in the Parliament, whilst the centre-right, Pakistan Muslim League came second in place, managing to secure 91 seats from all over the country. In 2008, the co-chairman Asif Ali Zardari announced to end the fourth dictatorship when he quoted: "Pakistan was on its way of ridding dictatorships forever", and appealed to the Pakistan Muslim League (N) leader, former Pakistan Prime Minister Nawaz Sharif, to form a coalition controlling over half the seats in Pakistan's 342 seat parliament.
On 9 March 2008 in a press conference held in Muree, Punjab, conservatives under Nawaz Sharif and socialists led by Asif Ali Zardari officially signed an agreement to form a coalition government. Titled the PPP-PML summit declaration, the joint declaration both parties agreed on the reinstatement of judges deposed during the emergency rule imposed on 3 November 2007 by General Pervez Musharraf within 30 days after the new federal government was formed. On 28 March, the peoples party appointed Yousaf Raza Gillani for the office of prime minister and formed coalition government with centre-right conservatives in Punjab, left-wing socialists in Khyber Pakhtunkhwa, right-wing socialists in Balochistan and liberal-seculars in Sindh. While on other hand, the Peoples Party claimed the exclusive mandate in Gilgit-Baltistan and Kashmir. However, this treaty was later on was violated by PPP government, after which PML(N) withdrew from coalition and federal government.
American Vice President and Democratic Party leader Joe Biden meeting with the integral leadership of the PPP in Islamabad, 2011.
On 5 September 2008, the peoples party nominated its co-chairman and chairman of central executive committee, Asif Ali Zardari, for the upcoming presidential election. Zardari secured 481 votes out of 700 votes from the Electoral College of Pakistan, winning the Pakistan's presidential election on 5 September 2008. On April 2010, president Zardari voluntarily surrendered his political and presidential powers to prime minister Gillani and the parliament, and through 18th amendment to the Constitution of Pakistan, Zardari transferred the authority of government and political appointments, and powers to exercise the authority of government to prime minister Gillani as part of country's road to parliamentary democracy. Even though growing unpopularity, it has managed to maintain a large vote bank in deeper Sindh and South Punjab. On national front, it is currently competing against Pakistan Tehreek-e-Insaf and Pakistan Muslim League (N). On 22 June 2012, the PPP nominated Raja Pervez Ashraf was elected as the new Pakistan PM.
The Pakistan People’s Party (Urdu: پاکستان پیپلز پارٹی; commonly referred to as PPP) is a centre-left, progressive, and democratic socialist political party in Pakistan. Affiliated with the Socialist International, its political philosophy and position, by country’s political spectrum, is considered centre-left with the strong public promotion of the components of social liberalism on economic standard, and the social democratic principles.
Þ PPP is the largest political party in Pakistan. The party gained much popularity and support during the era of Zulfikar Ali Bhutto.
Þ The party won the Pakistani general election, 1970 on a socialist mandate of “Roti, Kapra, Makan” (“bread, clothes, shelter”). PPP took control of the country after the Indian-supported Bangladesh Liberation War in 1971.
Þ After the first parliamentary term, PPP secured a landslide victory in Pakistani general election, 1977 to rule for next five years. PPP was a Islamic socialist party when formed by Zulfikar Ali Bhutto, but it moved toward the secular right-wing under Benazir Bhutto. Although twice elected Prime Minister (1988-90 and 1993-96), Benazir Bhutto was criticized for corruption and extrajudicial killings.
Þ In the Angus-Reid pre-election polls of 22 December 2007, it was in first place, with about 30% of the vote. Labor class of Pakistan is strong vote bank of PPP
It has been a major and influential party in the country. Since its founding, the party’s leadership has been dominated by the members of the Bhutto-Zardari family. Although its centre of gravity lies in the southern province of Sindh, the party also enjoys considerable support in Punjab, Khyber Pakhtunkhwa, Balochistan, Kashmir and Gilgit-Baltistan. Read More.