On 30 November 1967, the Pakistan Peoples Party (PPP), an Islamic socialist party, was founded by Zulfikar Ali Bhutto (1928 – 1979). The PPP ran in the 1970 general election on a socialist agenda of Roti, Kapra, Makan (Food, clothes, shelter). It supported ties with China and ruled Pakistan after the separation of Bangladesh in an Indian-led war in 1971. After first parliamentary term, the PPP succeeded at the Pakistani general election of 1977. Under Benazir Bhutto, the PPP became a secular party that promoted privatisation in order to secure funding from the US and the World Bank. From March 2008 to March 2013, it was leading party of ruling coalition. Party faced defeat in elections of 2013. The PPP currently holds 41 senate seats and 42 national assembly seats.