Mikayil Jabbarov

Türkiye to invest in production of biological preparations and vaccines in Azerbaijan
AIC

Türkiye to invest in production of biological preparations and vaccines in Azerbaijan

  • 03 May, 2023
  • 12:58
Azerbaijan, Türkiye to consider opportunities for joint production of medicines
Business

Azerbaijan, Türkiye to consider opportunities for joint production of medicines

  • 03 May, 2023
  • 11:08
Another company obtains residentship in Araz Valley Economic Zone
Industry

Another company obtains residentship in Araz Valley Economic Zone

  • 03 May, 2023
  • 07:25
Azerbaijan and Uzbekistan expand production of cars 
Business

Azerbaijan and Uzbekistan expand production of cars 

  • 01 May, 2023
  • 10:44
Azerbaijan, Türkiye ink protocol to amend Preferential Trade Agreement
Foreign policy

Azerbaijan, Türkiye ink protocol to amend Preferential Trade Agreement

  • 30 April, 2023
  • 05:37
Azerbaijan's Minister of Economy meets with head of Tatarstan
Business

Azerbaijan's Minister of Economy meets with head of Tatarstan

  • 28 April, 2023
  • 16:48
Azerbaijan, Tatarstan mull new opportunities for cooperation in industry
Business

Azerbaijan, Tatarstan mull new opportunities for cooperation in industry

  • 28 April, 2023
  • 15:09
3rd meeting of Azerbaijan-Tatarstan Joint Intergovernmental Commission to be held
Business

3rd meeting of Azerbaijan-Tatarstan Joint Intergovernmental Commission to be held

  • 28 April, 2023
  • 08:44
Mikayil Jabbarov conveys congratulations of President Ilham Aliyev to wrestlers
Individual sports Photo

Mikayil Jabbarov conveys congratulations of President Ilham Aliyev to wrestlers

  • 26 April, 2023
  • 12:18
Minister: Private sector’s entering Karabakh - main issue facing Azerbaijan
Business

Minister: Private sector’s entering Karabakh - main issue facing Azerbaijan

  • 25 April, 2023
  • 08:59
Mikayil Jabbarov: Main goal in next years related to development of non-oil sector
Business

Mikayil Jabbarov: Main goal in next years related to development of non-oil sector

  • 25 April, 2023
  • 08:24
Mikayil Jabbarov: Private sector accounts for over 80% of taxes
Business

Mikayil Jabbarov: Private sector accounts for over 80% of taxes

  • 25 April, 2023
  • 07:55
Mikayil Jabbarov: Our wrestlers dedicated their victory to Supreme Commander-in-Chief and servicemen defending our state
Team sports

Mikayil Jabbarov: Our wrestlers dedicated their victory to Supreme Commander-in-Chief and servicemen defending our state

  • 24 April, 2023
  • 05:08
Azerbaijan, Uzbekistan mull promotion of investments and joint projects
Business

Azerbaijan, Uzbekistan mull promotion of investments and joint projects

  • 20 April, 2023
  • 12:25
Azerbaijan, Israel mull investment promotion
Business Photo

Azerbaijan, Israel mull investment promotion

  • 19 April, 2023
  • 09:45
Azerbaijan, Türkiye mull partnership in global projects
Business Photo

Azerbaijan, Türkiye mull partnership in global projects

  • 14 April, 2023
  • 13:40
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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.