The Pakistan Peoples Party (PPP) is a mainstream political party in Pakistan. It is led by "life chairperson" Benazir Bhutto. The Pakistan Peoples Party Parliamentarians (PPPP) is a party formed in 2002 by the PPP for the purpose of complying with electoral rules governing Pakistani parties. At the last legislative elections, 20 October 2002, the party won 25.8 % of the popular vote and 71 out of 272 elected members, thus gaining the second-largest number of seats in the Parliament of Pakistan. The party was founded in 1967, on November 30th and Zulfikar Ali Bhutto became its first chairman. The party creed is: "Islam is our faith; democracy is our politics; socialism is our economy; all power to the people."

The party was founded in 1967, on November 30th and Zulfikar Ali Bhutto became its first chairman. The party creed is: "Islam is our faith; democracy is our politics; socialism is our economy; all power to the people."

Benazir Bhutto is the eldest child of deposed Pakistani premier Zulfikar Ali Bhutto (who was hanged by the Pakistan's military administration under irregular circumstances) and Begum Nusrat Bhutto, who was of Kurdish-Iranian origin. Her paternal grandfather was Sir Shah Nawaz Bhutto, a Sindhi and a key figure in Pakistan's Independence movement. Bhutto attended Lady Jennings Nursery School and then the Convent of Jesus and Mary in Karachi. After two years of schooling at the Rawalpindi Presentation Convent, she was sent to the Jesus and Mary Convent at Murree. She passed her O-level examination at the age of 15. In April 1969, she was admitted to Harvard University's Radcliffe College. In June 1973, Benazir graduated from Harvard with a degree in political science where she was elected to Phi Beta Kappa. She attended Oxford University in the autumn of 1973 and graduated with a masters degree in Philosophy, Politics, and Economics. She was elected President of the prestigious Oxford Union.

 In 2002 Pakistan's current president, Pervez Musharraf introduced a new amendment to Pakistan's constitution, banning prime ministers from serving more than two terms. This disqualifies Bhutto from ever holding the office again. This move by people who were themselves on shaky democratic ground, was widely considered to be a direct attack on former prime ministers Benazir Bhutto and Nawaz Sharif and exhibits the military establishment's insecurities about its own political power.

Bhutto is currently (as of September 2004) based in Dubai, United Arab Emirates, where she cares for her children and her mother, who is suffering from Alzheimer's disease, and from where she travels around the world giving lectures and keeping in touch with the Pakistan Peoples Party's supporters.

Benazir and her three children (Bilawal, Bakhtawar and Asifa) were reunited with her husband and their father in December 2004 after a period of more than five years. Bhutto has vowed to return to Pakistan and run for Prime Minister in the next general elections scheduled for November of 2007.