Mikayil Jabbarov

Mikayil Jabbarov: 'Tax revenues collected by State Tax Service saw an increase of 23.4%'
Finance

Mikayil Jabbarov: 'Tax revenues collected by State Tax Service saw an increase of 23.4%'

  • 14 September, 2023
  • 08:43
Azerbaijan, Israel mull co-op in food safety
AIC Photo

Azerbaijan, Israel mull co-op in food safety

  • 12 September, 2023
  • 11:25
Azerbaijan, Hungary mull prospects for co-op on joint projects
Business

Azerbaijan, Hungary mull prospects for co-op on joint projects

  • 11 September, 2023
  • 15:18
Azerbaijan, Hungary mull energy cooperation
Business

Azerbaijan, Hungary mull energy cooperation

  • 11 September, 2023
  • 13:56
Azerbaijan’s membership in ICIEC discussed 
Finance Photo

Azerbaijan’s membership in ICIEC discussed 

  • 06 September, 2023
  • 10:23
Azerbaijan Investment Company invests in Israeli startup
Business

Azerbaijan Investment Company invests in Israeli startup

  • 06 September, 2023
  • 07:00
Envision Energy can create zero-emission industrial park in Azerbaijan
Energy Photo

Envision Energy can create zero-emission industrial park in Azerbaijan

  • 04 September, 2023
  • 16:05
Azerbaijan, China discuss digitalization of economy 
ICT Photo

Azerbaijan, China discuss digitalization of economy 

  • 04 September, 2023
  • 10:33
Azerbaijan, China discuss promotion of mutual activities on infrastructure projects 
Business Photo

Azerbaijan, China discuss promotion of mutual activities on infrastructure projects 

  • 04 September, 2023
  • 07:22
Azerbaijan Trade House opens in China
Foreign policy Photo

Azerbaijan Trade House opens in China

  • 03 September, 2023
  • 13:52
Mikayil Jabbarov gives interview to China Central Television
Foreign policy

Mikayil Jabbarov gives interview to China Central Television

  • 03 September, 2023
  • 13:06
Azerbaijan's Minister of Economy holds talks with Vice President of Envision Energy
Foreign policy Photo

Azerbaijan's Minister of Economy holds talks with Vice President of Envision Energy

  • 03 September, 2023
  • 12:46
Azerbaijan, China mull prospects for joint economic initiatives
Foreign policy Photo

Azerbaijan, China mull prospects for joint economic initiatives

  • 03 September, 2023
  • 12:25
Mikayil Jabbarov meets with president of China Association for International Economic Cooperation
Foreign policy Photo

Mikayil Jabbarov meets with president of China Association for International Economic Cooperation

  • 03 September, 2023
  • 11:54
Azerbaijan, China mull prospects for development of economic relations
Business Photo

Azerbaijan, China mull prospects for development of economic relations

  • 03 September, 2023
  • 07:06
Azerbaijan may cooperate with Wontai Power in field of renewable energy
Energy

Azerbaijan may cooperate with Wontai Power in field of renewable energy

  • 02 September, 2023
  • 12:00
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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.