Mikayil Jabbarov

Mikayil Jabbarov: Interest of regional countries to Azerbaijan's economy grows
Business

Mikayil Jabbarov: Interest of regional countries to Azerbaijan's economy grows

  • 23 December, 2021
  • 08:45
Jabbarov: Epidemiological measures taken to overcome pandemic have led to economic growth
Finance

Jabbarov: Epidemiological measures taken to overcome pandemic have led to economic growth

  • 23 December, 2021
  • 05:32
Japan Premium House to open in Baku
Infrastructure

Japan Premium House to open in Baku

  • 18 December, 2021
  • 09:57
Azerbaijan to open Trade House in Japan 
Business Photo

Azerbaijan to open Trade House in Japan 

  • 17 December, 2021
  • 13:45
Turkish company to set up production of pharmaceutical products in Azerbaijan
Industry Photo

Turkish company to set up production of pharmaceutical products in Azerbaijan

  • 17 December, 2021
  • 09:34
Azerbaijan, Turkey sign MoU on pharmaceutical products
Business

Azerbaijan, Turkey sign MoU on pharmaceutical products

  • 16 December, 2021
  • 16:08
Involvement of Norwegian companies in reconstruction of Karabakh discussed
Business Photo

Involvement of Norwegian companies in reconstruction of Karabakh discussed

  • 15 December, 2021
  • 10:11
Economy Minister: Azerbaijan's investments in Turkey amount to over  $ 19B
Business

Economy Minister: Azerbaijan's investments in Turkey amount to over $ 19B

  • 14 December, 2021
  • 11:29
Azerbaijan, Georgia and Turkey sign five documents
Business Photo

Azerbaijan, Georgia and Turkey sign five documents

  • 14 December, 2021
  • 09:37
Jabbarov invites Georgian & Turkish entrepreneurs to start business in Azerbaijan
Business

Jabbarov invites Georgian & Turkish entrepreneurs to start business in Azerbaijan

  • 14 December, 2021
  • 09:24
Minister: “Azerbaijan’s GDP will exceed $50 billion this year”
Finance

Minister: “Azerbaijan’s GDP will exceed $50 billion this year”

  • 14 December, 2021
  • 08:53
Minister: Azerbaijan invested $3.3B in Georgia
Business

Minister: Azerbaijan invested $3.3B in Georgia

  • 14 December, 2021
  • 08:40
Baku to host Azerbaijan-Turkey-Georgia business forum
Business

Baku to host Azerbaijan-Turkey-Georgia business forum

  • 13 December, 2021
  • 10:23
Minister: Israel-Azerbaijan Chamber of Commerce and Industry - favorable platform for cooperation
Business

Minister: Israel-Azerbaijan Chamber of Commerce and Industry - favorable platform for cooperation

  • 11 December, 2021
  • 05:29
Mikayil Jabbarov: Value of non-oil exports to exceed $2.6B this year
Finance

Mikayil Jabbarov: Value of non-oil exports to exceed $2.6B this year

  • 07 December, 2021
  • 10:45
Some 1,500 people to be employed in Yevlax pilot agricultural park
AIC Photo

Some 1,500 people to be employed in Yevlax pilot agricultural park

  • 04 December, 2021
  • 11:50
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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.