Mikayil Jabbarov

Mikayil Jabbarov: Turkic-speaking countries keen on restoration of liberated territories
Business

Mikayil Jabbarov: "Turkic-speaking countries keen on restoration of liberated territories"

  • 11 November, 2021
  • 12:05
Mikayil Jabbarov: Zangazur corridor project is being implemented rapidly
Business

Mikayil Jabbarov: "Zangazur corridor project is being implemented rapidly"

  • 11 November, 2021
  • 11:17
Mikayil Jabbarov: Azerbaijan actively involved in strengthening ties with Turkic-speaking states
Business

Mikayil Jabbarov: Azerbaijan actively involved in strengthening ties with Turkic-speaking states

  • 11 November, 2021
  • 10:21
Removing trade restrictions between Turkic-speaking countries proposed
Business

Removing trade restrictions between Turkic-speaking countries proposed

  • 11 November, 2021
  • 09:24
State program on return of citizens to liberated areas developed
Karabakh

State program on return of citizens to liberated areas developed

  • 10 November, 2021
  • 11:53
Mikayil Jabbarov: Investment activity is expected to increase in Azerbaijan in 2022
Business

Mikayil Jabbarov: "Investment activity is expected to increase in Azerbaijan in 2022"

  • 10 November, 2021
  • 10:06
Azerbaijani Parliament discusses documents included in 2022 state budget envelope
Milli Majlis

Azerbaijani Parliament discusses documents included in 2022 state budget envelope

  • 10 November, 2021
  • 07:28
Azerbaijan, UAE discuss increasing cooperation on Trans-Caspian corridor
Business Photo

Azerbaijan, UAE discuss increasing cooperation on Trans-Caspian corridor

  • 04 November, 2021
  • 09:55
Azerbaijan, UAE holding session of Joint Intergovernmental Commission
Business

Azerbaijan, UAE holding session of Joint Intergovernmental Commission

  • 03 November, 2021
  • 09:28
Azerbaijani investment forum to be held in Dubai
Business

Azerbaijani investment forum to be held in Dubai

  • 01 November, 2021
  • 15:07
Azerbaijan, UN discuss post-pandemic recovery, sustainable development
Finance Photo

Azerbaijan, UN discuss post-pandemic recovery, sustainable development

  • 01 November, 2021
  • 14:24
Jabbarov: Azerbaijan-Turkey union stimulates development of economic cooperation
Finance

Jabbarov: Azerbaijan-Turkey union stimulates development of economic cooperation

  • 29 October, 2021
  • 05:44
bp discusses new opportunities for successful energy partnership with Azerbaijan
Energy

bp discusses new opportunities for successful energy partnership with Azerbaijan

  • 28 October, 2021
  • 07:45
Minister: Azerbaijan Investment & Culture Summit - platform for developing cooperation
Business

Minister: Azerbaijan Investment & Culture Summit - platform for developing cooperation

  • 27 October, 2021
  • 10:18
Mikayil Jabbarov: We are interested in attracting investments from partner countries to Karabakh
Business

Mikayil Jabbarov: We are interested in attracting investments from partner countries to Karabakh

  • 27 October, 2021
  • 06:39
Mikayil Jabbarov: Application of tax benefits to liberated territories under consideration
Finance

Mikayil Jabbarov: Application of tax benefits to liberated territories under consideration

  • 27 October, 2021
  • 06:31
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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.