ISLAMABAD     -    The federal government has yet to appoint Governor State Bank of Pakistan (SBP) despite passing three months mainly due to the differences of coalition government partners, Pakistan Muslim League Nawaz (PML-N) and Pakistan People Party (PPP) over the name of head of central bank. The coalition government could not take a decision on the head of the central bank at a time when the country’s economy external sector is under pressure. The position of governor SBP was fell vacant on May 4 after Dr Reza Baqir completed his tenure. The coalition government had refused to give extension to Dr Reza. Finance Minister Miftah Ismail in mid of July had announced that the governor SBP would be appointed in a week period. However, the government has not made the appointment yet. The federal cabinet in last week of July was supposed to consider six names for the slot of governor SBP. The names included (i) Zafar Masood President and Chief Executive Officer, Bank of Punjab (BoP), former head National Savings, (ii) Acting Governor State Bank Murtaza Syed, (iii) former deputy governor SBP  Muhammad Jameel, (iv) former deputy governor SBP Muhammad Ashraf Khan, (v) Dr Aasim Hussain and (vi) Saeed Ahmed, a civil servant from DMG Group. However, later the federal cabinet dropped a summary from the agenda for the selection of State Bank of Pakistan (SBP) governor. An official of the Ministry of Finance informed that hectic lobbying continues for the top position of the central bank. The two major partners of the coalition government, PML-N and PPP, want to appoint their candidate against the slot, which is delaying the process of the appointment.