Mikayil Jabbarov

Azerbaijan, World Bank mull new projects for reconstruction of Karabakh
Business

Azerbaijan, World Bank mull new projects for reconstruction of Karabakh

  • 26 October, 2021
  • 10:18
Azerbaijan, Mongolia ink agreement on trade cooperation
Business Photo

Azerbaijan, Mongolia ink agreement on trade cooperation

  • 22 October, 2021
  • 08:57
Azerbaijan, Slovakia setting up joint working group on economic cooperation
Foreign policy

Azerbaijan, Slovakia setting up joint working group on economic cooperation

  • 19 October, 2021
  • 14:19
Mikayil Jabbarov says AZN61 million in soft loans issued to investment projects
Finance

Mikayil Jabbarov says AZN61 million in soft loans issued to investment projects

  • 19 October, 2021
  • 07:24
KAMAZ Leasing - first resident of Araz Valley Economic Zone
Industry

KAMAZ Leasing - first resident of Araz Valley Economic Zone

  • 06 October, 2021
  • 11:39
Azerbaijan's 5-year socio-economic dev't strategy to be approved
Business

Azerbaijan's 5-year socio-economic dev't strategy to be approved

  • 06 October, 2021
  • 08:56
Azerbaijan attracts USD 57B worth of FDI over past decade 
Business

Azerbaijan attracts USD 57B worth of FDI over past decade 

  • 06 October, 2021
  • 07:50
Jabbarov: Key priorities related to Karabakh coincide with SDGs priorities
Business

Jabbarov: Key priorities related to Karabakh coincide with SDGs priorities

  • 06 October, 2021
  • 07:26
Economy minister says pandemic relief covers 5,000,000 people in Azerbaijan
Business

Economy minister says pandemic relief covers 5,000,000 people in Azerbaijan

  • 06 October, 2021
  • 06:55
AHK Azerbaijan: Germany has good expertise to offer to rebuild Karabakh and Eastern Zangezur economic region
Business

AHK Azerbaijan: Germany has good expertise to offer to rebuild Karabakh and Eastern Zangezur economic region

  • 05 October, 2021
  • 06:00
UN may create Multi-Partner Trust Fund Office in Azerbaijan
Business

UN may create Multi-Partner Trust Fund Office in Azerbaijan

  • 04 October, 2021
  • 08:54
Financing of Sustainable Development Goals in Azerbaijan discussed
Business

Financing of Sustainable Development Goals in Azerbaijan discussed

  • 01 October, 2021
  • 10:26
Azerbaijan awards contracts to Turkish companies over developing ore deposits
Business

Azerbaijan awards contracts to Turkish companies over developing ore deposits

  • 30 September, 2021
  • 17:05
Participation of Georgian companies in reconstruction of Karabakh discussed
Business

Participation of Georgian companies in reconstruction of Karabakh discussed

  • 29 September, 2021
  • 13:44
Expansion of UNDP-Azerbaijan cooperation discussed
Business

Expansion of UNDP-Azerbaijan cooperation discussed

  • 24 September, 2021
  • 10:56
Azerbaijan hosts presentation of Business Climate Survey
Business Photo

Azerbaijan hosts presentation of Business Climate Survey

  • 23 September, 2021
  • 11:58
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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.