Mikayil Jabbarov

Center for Analysis and Coordination of 4th Industrial Revolution signs two memos of understanding
Business Photo

Center for Analysis and Coordination of 4th Industrial Revolution signs two memos of understanding

  • 23 February, 2022
  • 12:12
Affiliate of Centre for Fourth Industrial Revolution Network opens in Azerbaijan
Business Photo

Affiliate of Centre for Fourth Industrial Revolution Network opens in Azerbaijan

  • 23 February, 2022
  • 11:52
Russian companies to pay business visit to Azerbaijan
Business Photo

Russian companies to pay business visit to Azerbaijan

  • 22 February, 2022
  • 07:48
Mikayil Jabbarov: Share of cash drops to 46%
Finance

Mikayil Jabbarov: "Share of cash drops to 46%"

  • 21 February, 2022
  • 12:25
Mikayil Jabbarov: Azerbaijan's non-oil exports increased by 59%
Business

Mikayil Jabbarov: Azerbaijan's non-oil exports increased by 59%

  • 21 February, 2022
  • 07:18
Iveco Truck & Bus intends to invest in Azerbaijan
Business Photo

Iveco Truck & Bus intends to invest in Azerbaijan

  • 17 February, 2022
  • 06:46
Minister: Development of separate areas of non-oil sector accelerated
Business

Minister: Development of separate areas of non-oil sector accelerated

  • 15 February, 2022
  • 11:18
Mikayil Jabbarov: Growth in Azerbaijan's non-oil exports reached historic maximum
Business

Mikayil Jabbarov: Growth in Azerbaijan's non-oil exports reached historic maximum

  • 14 February, 2022
  • 11:28
Azerbaijani economy minister presents SOCAR’s first vice-president to staff
Energy

Azerbaijani economy minister presents SOCAR’s first vice-president to staff

  • 10 February, 2022
  • 16:40
Number of active taxpayers exceeds 660,000 in Azerbaijan
Business

Number of active taxpayers exceeds 660,000 in Azerbaijan

  • 09 February, 2022
  • 08:47
Minister: Azerbaijan expanding co-op with Pan-Turkic organization members
Business

Minister: Azerbaijan expanding co-op with Pan-Turkic organization members

  • 08 February, 2022
  • 16:27
Azerbaijan discusses cooperation with European Union
Business Photo

Azerbaijan discusses cooperation with European Union

  • 07 February, 2022
  • 08:31
EU commissioners to hold series of meetings in Baku
Foreign policy

EU commissioners to hold series of meetings in Baku

  • 04 February, 2022
  • 11:48
Mikayil Jabbarov: Over AZN370 million extra investment to be channeled into industrial zones
Finance

Mikayil Jabbarov: "Over AZN370 million extra investment to be channeled into industrial zones"

  • 27 January, 2022
  • 10:24
Mikayil Jabbarov: Production in Azerbaijan's industrial zones increased by 88%
Industry

Mikayil Jabbarov: Production in Azerbaijan's industrial zones increased by 88%

  • 27 January, 2022
  • 07:59
Economy Minister: Investments by private companies in fixed capital increased by 23%
Business

Economy Minister: "Investments by private companies in fixed capital increased by 23%"

  • 25 January, 2022
  • 10:16
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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.