Mikayil Jabbarov

Azerbaijan sees 4% increase in tax revenues
Finance

Azerbaijan sees 4% increase in tax revenues

  • 11 December, 2023
  • 07:23
Azerbaijan, China mull joint activities on renewable energy ​
Energy Photo

Azerbaijan, China mull joint activities on renewable energy ​

  • 08 December, 2023
  • 07:51
Mikayil Jabbarov: Development of non-oil sector is based on industrialization policy
Industry

Mikayil Jabbarov: Development of non-oil sector is based on industrialization policy

  • 07 December, 2023
  • 07:53
Foundation of pharmaceutical plant laid in Pirallahi Industrial Park
Industry Photo

Foundation of pharmaceutical plant laid in Pirallahi Industrial Park

  • 07 December, 2023
  • 06:43
Azerbaijan, FAO discuss food security
Business

Azerbaijan, FAO discuss food security

  • 06 December, 2023
  • 12:08
London to host Azerbaijan-UK Investment Forum next year
Business Photo

London to host Azerbaijan-UK Investment Forum next year

  • 06 December, 2023
  • 11:43
Ambassador: UK supports Azerbaijan's WTO membership
Foreign policy

Ambassador: UK supports Azerbaijan's WTO membership

  • 06 December, 2023
  • 10:53
Azerbaijan, UK mull supporting initiatives in field of trade
Business Photo

Azerbaijan, UK mull supporting initiatives in field of trade

  • 06 December, 2023
  • 08:55
Mikayil Jabbarov congratulates communications and information technology workers
ICT

Mikayil Jabbarov congratulates communications and information technology workers

  • 06 December, 2023
  • 06:50
Mikayil Jabbarov: SOCAR has undertaken to reduce methane emissions to zero
Energy

Mikayil Jabbarov: SOCAR has undertaken to reduce methane emissions to zero

  • 02 December, 2023
  • 13:55
Azerbaijan’s Economy Ministry approves information form for electronic money organizations
Finance

Azerbaijan’s Economy Ministry approves information form for electronic money organizations

  • 29 November, 2023
  • 13:00
Exporting electricity from Turkmenistan to Azerbaijan discussed in Ashgabat
Energy Photo

Exporting electricity from Turkmenistan to Azerbaijan discussed in Ashgabat

  • 29 November, 2023
  • 04:11
SOCAR opens office in Turkmenistan
Energy Photo

SOCAR opens office in Turkmenistan

  • 28 November, 2023
  • 13:52
Jabbarov notes favorable opportunities for diversifying Azerbaijan-Turkmenistan cooperation
Business Photo

Jabbarov notes favorable opportunities for diversifying Azerbaijan-Turkmenistan cooperation

  • 28 November, 2023
  • 12:24
Trade turnover between Azerbaijan and Turkmenistan surged by nearly tenfold, says Mikayil Jabbarov
Business Photo

Trade turnover between Azerbaijan and Turkmenistan surged by nearly tenfold, says Mikayil Jabbarov

  • 28 November, 2023
  • 11:21
Azerbaijan, Turkmenistan planning to expand cooperation in number of fields
Infrastructure Photo

Azerbaijan, Turkmenistan planning to expand cooperation in number of fields

  • 28 November, 2023
  • 10:59
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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.