Mikayil Jabbarov

EBRD's participation in projects in Karabakh discussed
Finance

EBRD's participation in projects in Karabakh discussed

  • 12 September, 2022
  • 13:56
Azerbaijan, EBRD ink two documents
Business Photo

Azerbaijan, EBRD ink two documents

  • 12 September, 2022
  • 12:40
Azerbaijan, US mull values of tolerance
Business

Azerbaijan, US mull values of tolerance

  • 12 September, 2022
  • 10:30
Minister reveals number of labor contracts concluded in Azerbaijan
Business

Minister reveals number of labor contracts concluded in Azerbaijan

  • 12 September, 2022
  • 07:19
Minister: Bulgaria can export electricity to Azerbaijan in exchange for gas
Energy

Minister: Bulgaria can export electricity to Azerbaijan in exchange for gas

  • 11 September, 2022
  • 09:42
Mikayil Jabbarov: Azerbaijan has sufficient potential to become an advanced IT state in the region
ICT

Mikayil Jabbarov: Azerbaijan has sufficient potential to become an advanced IT state in the region

  • 08 September, 2022
  • 09:11
Azerbaijan, Turkiye discuss expanding investment cooperation
Business Photo

Azerbaijan, Turkiye discuss expanding investment cooperation

  • 07 September, 2022
  • 13:26
Azerbaijan, Bulgaria mull economic relations
Business Photo

Azerbaijan, Bulgaria mull economic relations

  • 07 September, 2022
  • 10:35
Azerbaijan, Turkmenistan discuss prospects for expanding economic cooperation
Business

Azerbaijan, Turkmenistan discuss prospects for expanding economic cooperation

  • 06 September, 2022
  • 14:44
Azerbaijan and Turkmenistan intend to expand economic cooperation 
Business Photo

Azerbaijan and Turkmenistan intend to expand economic cooperation 

  • 06 September, 2022
  • 10:50
Azerbaijan's to have 75% share in joint investment fund with Uzbekistan
Finance

Azerbaijan's to have 75% share in joint investment fund with Uzbekistan

  • 17 August, 2022
  • 08:51
Azerbaijan Investment Company to invest in dried fruit production plant
Business

Azerbaijan Investment Company to invest in dried fruit production plant

  • 10 August, 2022
  • 10:44
$765M-worth goods produced in industrial zones of Azerbaijan in 2022
Industry

$765M-worth goods produced in industrial zones of Azerbaijan in 2022

  • 08 August, 2022
  • 07:23
Mikayil Jabbarov announces investment of Azerbaijan Investment Company in local production
Industry

Mikayil Jabbarov announces investment of Azerbaijan Investment Company in local production

  • 05 August, 2022
  • 07:20
Ilham Aliyev and Mehriban Aliyeva view enterprise of Grand-Agro Invitro LLC 
Domestic policy Photo

Ilham Aliyev and Mehriban Aliyeva view enterprise of Grand-Agro Invitro LLC 

  • 03 August, 2022
  • 10:30
Minister of Economy of Azerbaijan meets with Uzbek President
Business

Minister of Economy of Azerbaijan meets with Uzbek President

  • 02 August, 2022
  • 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.