Mikayil Jabbarov

SABAH groups project provides opportunities for development of educated, skilled, and innovative youth – economy minister 
Business Photo

SABAH groups project provides opportunities for development of educated, skilled, and innovative youth – economy minister 

  • 07 July, 2023
  • 07:53
Azerbaijan, EBRD mull stimulation of investments
Business Photo

Azerbaijan, EBRD mull stimulation of investments

  • 04 July, 2023
  • 09:26
Mikayil Jabbarov: Tax revenues from SMEs surged by 61%
Finance

Mikayil Jabbarov: Tax revenues from SMEs surged by 61%

  • 27 June, 2023
  • 08:38
Mikayil Jabbarov: SMBDA's activity in business establishment and development is commendable
Business

Mikayil Jabbarov: SMBDA's activity in business establishment and development is commendable

  • 27 June, 2023
  • 06:31
Mikayil Jabbarov congratulates Azerbaijani servicemen on Armed Forces Day
Military Video

Mikayil Jabbarov congratulates Azerbaijani servicemen on Armed Forces Day

  • 26 June, 2023
  • 04:56
Mikayil Jabbarov: Presence of highly qualified personnel makes important contribution to digitalization in Azerbaijan
ICT

Mikayil Jabbarov: Presence of highly qualified personnel makes important contribution to digitalization in Azerbaijan

  • 22 June, 2023
  • 16:56
Azerbaijan, IMF mull progress made through structural reforms
Business Photo

Azerbaijan, IMF mull progress made through structural reforms

  • 21 June, 2023
  • 08:07
Azerbaijan, ADB mull socioeconomic development priorities
Finance Photo

Azerbaijan, ADB mull socioeconomic development priorities

  • 20 June, 2023
  • 10:05
Mikayil Jabbarov: Tax revenues in regions of Azerbaijan rose by 21%
Finance

Mikayil Jabbarov: Tax revenues in regions of Azerbaijan rose by 21%

  • 20 June, 2023
  • 07:31
Azerbaijani President, Rais of Tatarstan attend inaguration of Auto Leasing Azerbaijan in Araz Valley Economic Zone Industrial Park
Domestic policy Photo

Azerbaijani President, Rais of Tatarstan attend inaguration of Auto Leasing Azerbaijan in Araz Valley Economic Zone Industrial Park

  • 17 June, 2023
  • 11:13
Azerbaijan, Pakistan sign Memorandum of Understanding on cooperation in trade
Business Photo

Azerbaijan, Pakistan sign Memorandum of Understanding on cooperation in trade

  • 16 June, 2023
  • 04:51
Azerbaijan, Pakistan discuss Preferential Trade Agreement 
Business Photo

Azerbaijan, Pakistan discuss Preferential Trade Agreement 

  • 15 June, 2023
  • 08:08
Concessional loan allocated to project for expansion of paint production
Business

Concessional loan allocated to project for expansion of paint production

  • 12 June, 2023
  • 13:45
Mikayil Jabbarov: Loan investments by regions up 22.7%
Finance

Mikayil Jabbarov: Loan investments by regions up 22.7%

  • 12 June, 2023
  • 11:10
Share of industrial products in Azerbaijan’s non-oil and gas exports up 10.8%
Finance

Share of industrial products in Azerbaijan’s non-oil and gas exports up 10.8%

  • 12 June, 2023
  • 08:07
Fishery development project in Azerbaijan gets over $88,000 in concessional loan
Business

Fishery development project in Azerbaijan gets over $88,000 in concessional loan

  • 09 June, 2023
  • 14:03
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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.