Mikayil Jabbarov

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
Azerbaijan posts 77% growth in non-oil and gas exports in 2018-2022
Business

Azerbaijan posts 77% growth in non-oil and gas exports in 2018-2022

  • 09 June, 2023
  • 10:28
Investments in Azerbaijan’s regions soar by 88%
Business

Investments in Azerbaijan’s regions soar by 88%

  • 09 June, 2023
  • 07:20
Mikayil Jabbarov says concessional loan allocated for animal husbandry development project
AIC

Mikayil Jabbarov says concessional loan allocated for animal husbandry development project

  • 07 June, 2023
  • 14:41
Azerbaijan and Moldova mull increasing trade turnover
Foreign policy

Azerbaijan and Moldova mull increasing trade turnover

  • 07 June, 2023
  • 12:47
Economy minister: Total production output by regions increased by 13.1%
Business

Economy minister: Total production output by regions increased by 13.1%

  • 07 June, 2023
  • 12:26
Azerbaijan, Moldova discuss expanding cooperation
Business Photo

Azerbaijan, Moldova discuss expanding cooperation

  • 07 June, 2023
  • 08:49
Azerbaijan, WB mull next steps of Country Partnership Framework
Finance Photo

Azerbaijan, WB mull next steps of Country Partnership Framework

  • 05 June, 2023
  • 13:20
KOBİA, Georgian Business Association sign Memorandum of Understanding
Business

KOBİA, Georgian Business Association sign Memorandum of Understanding

  • 02 June, 2023
  • 14:51
Expansion of Azerbaijan-Georgia economic ties discussed in Tbilisi
Business Photo

Expansion of Azerbaijan-Georgia economic ties discussed in Tbilisi

  • 02 June, 2023
  • 14:14
Azerbaijan, Georgia mull promotion of mutual investments
Finance

Azerbaijan, Georgia mull promotion of mutual investments

  • 02 June, 2023
  • 11:39
Azerbaijan, US discuss green energy projects 
Energy Photo

Azerbaijan, US discuss green energy projects 

  • 01 June, 2023
  • 13:30
British companies interested in green energy projects in Karabakh
Business Photo

British companies interested in green energy projects in Karabakh

  • 01 June, 2023
  • 12:51
Azerbaijan mulls co-op opportunities with China International Energy Sources Group
Energy Photo

Azerbaijan mulls co-op opportunities with China International Energy Sources Group

  • 01 June, 2023
  • 12:33
Azerbaijan, Romania discuss strengthening cooperation in field of energy
Business Photo

Azerbaijan, Romania discuss strengthening cooperation in field of energy

  • 01 June, 2023
  • 07:42
bp’s Executive Vice President on visit to Azerbaijan 
Energy

bp’s Executive Vice President on visit to Azerbaijan 

  • 31 May, 2023
  • 15:16
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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.