Mikayil Jabbarov

Azerbaijan holds discussions with LinkedIn about areas of cooperation
ICT

Azerbaijan holds discussions with LinkedIn about areas of cooperation

  • 19 January, 2024
  • 13:41
Azerbaijan’s cosmic infrastructure discussed in Davos
ICT

Azerbaijan’s cosmic infrastructure discussed in Davos

  • 19 January, 2024
  • 11:35
Mikayil Jabbarov discusses measures to stimulate sustainable business with WEF managing  director
Business

Mikayil Jabbarov discusses measures to stimulate sustainable business with WEF managing director

  • 19 January, 2024
  • 11:10
Azerbaijan discusses partnership in Industry 4.0 technologies in Davos
ICT

Azerbaijan discusses partnership in Industry 4.0 technologies in Davos

  • 19 January, 2024
  • 09:53
Azerbaijan's investment opportunities presented at World Economic Forum
Business

Azerbaijan's investment opportunities presented at World Economic Forum

  • 19 January, 2024
  • 07:40
Azerbaijan discusses effective organization of COP29 with UN
Infrastructure

Azerbaijan discusses effective organization of COP29 with UN

  • 19 January, 2024
  • 06:49
Azerbaijan speaks in Davos about its efforts as COP29 host
Business

Azerbaijan speaks in Davos about its efforts as COP29 host

  • 19 January, 2024
  • 06:16
Azerbaijan discusses prospective projects with US company
Business

Azerbaijan discusses prospective projects with US company

  • 18 January, 2024
  • 13:37
Mikayil Jabbarov names priorities in expanding economic cooperation with Moldova
Business

Mikayil Jabbarov names priorities in expanding economic cooperation with Moldova

  • 18 January, 2024
  • 12:55
Azerbaijan discusses transitioning to green energy with Singaporean company
Energy

Azerbaijan discusses transitioning to green energy with Singaporean company

  • 18 January, 2024
  • 12:20
Mikayil Jabbarov mulls projects on alternative energy sources with EU commissioner
Business

Mikayil Jabbarov mulls projects on alternative energy sources with EU commissioner

  • 18 January, 2024
  • 11:41
Azerbaijan’s goals in transitioning to sustainable production discussed in Davos
Business

Azerbaijan’s goals in transitioning to sustainable production discussed in Davos

  • 18 January, 2024
  • 09:26
Azerbaijan, Slovakia mull energy cooperation
Energy

Azerbaijan, Slovakia mull energy cooperation

  • 18 January, 2024
  • 08:28
Azerbaijan discusses potential directions for cooperation with Harvard Kennedy School
Business

Azerbaijan discusses potential directions for cooperation with Harvard Kennedy School

  • 18 January, 2024
  • 07:53
US Honeywell company’s collaboration with Azerbaijan discussed in Davos 
Energy

US Honeywell company’s collaboration with Azerbaijan discussed in Davos 

  • 18 January, 2024
  • 06:29
Azerbaijan discusses digital transformation with US company
Business

Azerbaijan discusses digital transformation with US company

  • 18 January, 2024
  • 05:28
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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.