Mikayil Jabbarov

Mikayil Jabbarov engages in talks with BP regarding Azerbaijan’s shift towards sustainable energy sources
Energy Photo

Mikayil Jabbarov engages in talks with BP regarding Azerbaijan’s shift towards sustainable energy sources

  • 05 June, 2024
  • 15:00
Azerbaijan, Hungary consider joint projects strengthening economic ties
Finance Photo

Azerbaijan, Hungary consider joint projects strengthening economic ties

  • 05 June, 2024
  • 13:50
Azerbaijan explores partnership with US companies in dev’t of its green energy sector
Energy Photo

Azerbaijan explores partnership with US companies in dev’t of its green energy sector

  • 05 June, 2024
  • 13:25
Azerbaijan explores various directions of joint activity with IMF
Finance Photo

Azerbaijan explores various directions of joint activity with IMF

  • 05 June, 2024
  • 10:33
SOCAR, BOTAS ink agreement on transportation of Turkmen gas to Türkiye through Azerbaijan
Energy Photo

SOCAR, BOTAS ink agreement on transportation of Turkmen gas to Türkiye through Azerbaijan

  • 04 June, 2024
  • 10:43
Minister: ‘Agreements signed between SOCAR, Masdar are an important stage in Azerbaijan's energy transition’
Energy Photo

Minister: ‘Agreements signed between SOCAR, Masdar are an important stage in Azerbaijan's energy transition’

  • 04 June, 2024
  • 07:40
Azerbaijan’s SOCAR inks energy agreements with Turkish BOTAS
Energy Photo

Azerbaijan’s SOCAR inks energy agreements with Turkish BOTAS

  • 04 June, 2024
  • 06:49
Azerbaijan, International Energy Agency discuss financing mechanisms for climate change initiatives
Energy Photo

Azerbaijan, International Energy Agency discuss financing mechanisms for climate change initiatives

  • 04 June, 2024
  • 05:57
SOCAR's participation in foreign investment projects discussed
Energy

SOCAR's participation in foreign investment projects discussed

  • 24 May, 2024
  • 16:51
Azerbaijan, Tajikistan sign documents
Foreign policy Photo

Azerbaijan, Tajikistan sign documents

  • 23 May, 2024
  • 10:21
Beer and soft drinks production plant to be established in Azerbaijan's Gabala
Business Photo

Beer and soft drinks production plant to be established in Azerbaijan's Gabala

  • 23 May, 2024
  • 07:06
Baku and Tashkent sign road map
Business Photo

Baku and Tashkent sign road map

  • 21 May, 2024
  • 09:14
Mikayil Jabbarov: Uzbekistan has become important market for Azerbaijani entrepreneurs
Business

Mikayil Jabbarov: Uzbekistan has become important market for Azerbaijani entrepreneurs

  • 21 May, 2024
  • 09:03
Azerbaijan's economy minister invites business community of Uzbekistan to take part in COP29
COP29

Azerbaijan's economy minister invites business community of Uzbekistan to take part in COP29

  • 21 May, 2024
  • 08:55
Azerbaijani, Tajik ministers discuss opportunities to strengthen trade, economic ties
Business Photo

Azerbaijani, Tajik ministers discuss opportunities to strengthen trade, economic ties

  • 20 May, 2024
  • 12:55
Minister: Economic co-op between Azerbaijan and Tajikistan should be raised to level of political ties
Business

Minister: Economic co-op between Azerbaijan and Tajikistan should be raised to level of political ties

  • 20 May, 2024
  • 07:09
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Mikayil Jabbarov: Biography, Career, and Government Leadership

Mikayil Jabbarov (Azerbaijani: Mikayıl Çingiz oğlu Cabbarov) is an influential Azerbaijani statesman, legal scholar, and economist serving as the Minister of Economy of the Republic of Azerbaijan since October 2019. Guiding the nation's financial, tax, and industrial policy frameworks, Jabbarov plays a central role in driving economic diversification away from hydrocarbon dependence, attracting strategic foreign direct investment, reforming state-owned enterprises, and managing the economic integration and development of liberated territories.

1. Education and Professional Background

Academic Foundations: Born on September 19, 1976, in Baku, Jabbarov graduated with honors from the Faculty of International Law at Baku State University in 1997.

International Post-Graduate Degrees: In 2004, he earned a Master’s degree in Economics from the University of Toronto in Canada. He has also completed executive education programs in corporate governance and international finance, building a multidisciplinary background in law, economics, and business administration.

2. Banking Sector and Corporate Governance

Financial Sector Experience: In the late 1990s and early 2000s, Jabbarov held senior executive positions within Azerbaijan's banking and investment sector, focusing on corporate restructuring, capital markets, and financial asset management.

Public Service Transition: He later served as Deputy Minister of Economic Development (2002–2003) and led the Administration of the Icherisheher State Historical-Architectural Reserve under the Cabinet of Ministers (2009–2013), overseeing major restoration and urban heritage projects in Baku.

3. Education and Tax Administration Reforms (2013–2019)

Minister of Education (2013–2017): Appointed Minister of Education in April 2013, Jabbarov spearheaded systemic structural reforms aimed at curbing corruption, digitalizing teacher recruitment processes, modernizing curriculum standards, and renovating educational infrastructure nationwide.

Minister of Taxes (2017–2019): As Minister of Taxes, he initiated a comprehensive transformation of Azerbaijan's tax administration. His reforms significantly curbed the shadow economy, expanded the formal tax base, introduced client-centric digital tax portals, and fostered a more transparent ecosystem for small and medium enterprises (SMEs).

4. Leadership at the Ministry of Economy (2019–Present)

Ministerial Appointment: On October 22, 2019, Jabbarov was appointed Minister of Economy of the Republic of Azerbaijan. His portfolio expanded substantially following structural reforms that consolidated the State Tax Service, the State Service for Property Issues, and the Anti-Monopoly and Consumer Market Control Service under the umbrella of the Ministry of Economy.

Economic Diversification and Non-Oil Growth: Under his leadership, the ministry prioritizes expanding non-oil exports, promoting public-private partnerships (PPP), developing high-tech industrial parks (such as Sumgayit Chemical Industrial Park), and accelerating industrial digitalization.

Reconstruction of Karabakh: Jabbarov directly manages economic planning, investment incentives, and industrial zone creation (including the Aghdam and Araz Valley Economic Zone industrial parks) across the Karabakh and East Zangezur Economic Regions to catalyze long-term socio-economic growth.