Mikayil Jabbarov

Mikayil Jabbarov: Azerbaijan accelerates digital transformation
Business

Mikayil Jabbarov: Azerbaijan accelerates digital transformation

  • 16 June, 2026
  • 15:46
Mikayil Jabbarov: Azerbaijan strengthening its investment climate through infrastructure and trade
Finance

Mikayil Jabbarov: Azerbaijan strengthening its investment climate through infrastructure and trade

  • 16 June, 2026
  • 15:19
Mikayil Jabbarov: Azerbaijan's stable economic environment strengthens investor confidence
Finance

Mikayil Jabbarov: Azerbaijan's stable economic environment strengthens investor confidence

  • 16 June, 2026
  • 14:50
Azerbaijan, UK to hold next meeting of Joint Intergovernmental Commission
Foreign policy

Azerbaijan, UK to hold next meeting of Joint Intergovernmental Commission

  • 16 June, 2026
  • 14:46
Ben Black holds meetings on investment and long-term cooperation in Baku
Foreign policy Photo

Ben Black holds meetings on investment and long-term cooperation in Baku

  • 16 June, 2026
  • 13:03
Azerbaijan discusses strengthening its strategic partnership with AIIB
Finance Photo

Azerbaijan discusses strengthening its strategic partnership with AIIB

  • 16 June, 2026
  • 11:42
Mikayil Jabbarov, IsDB president assess Baku's readiness for bank's Annual Meetings
Finance

Mikayil Jabbarov, IsDB president assess Baku's readiness for bank's Annual Meetings

  • 14 June, 2026
  • 09:56
Azerbaijan, US mull potential investment projects
Finance

Azerbaijan, US mull potential investment projects

  • 13 June, 2026
  • 17:55
Azerbaijan's Economic Council reviews Alat Free Economic Zone progress
Business Photo

Azerbaijan's Economic Council reviews Alat Free Economic Zone progress

  • 11 June, 2026
  • 17:41
Jabbarov: Azerbaijan may become exporter of data center services
ICT

Jabbarov: Azerbaijan may become exporter of data center services

  • 11 June, 2026
  • 10:32
Investments in restoration of Karabakh, Eastern Zangazur to pay off in 5-12 years
Infrastructure

Investments in restoration of Karabakh, Eastern Zangazur to pay off in 5-12 years

  • 11 June, 2026
  • 10:15
Mikayil Jabbarov outlines Azerbaijan's priorities on non-oil-gas sector
Finance

Mikayil Jabbarov outlines Azerbaijan's priorities on non-oil-gas sector

  • 11 June, 2026
  • 10:03
Azerbaijan plans to expand subsidies for interest rates on bank loans
Finance

Azerbaijan plans to expand subsidies for interest rates on bank loans

  • 11 June, 2026
  • 10:02
Azerbaijan crucial for Europe's energy market, Moldovan minister says
Energy

Azerbaijan crucial for Europe's energy market, Moldovan minister says

  • 10 June, 2026
  • 23:16
Azerbaijan and Denmark discuss joint initiatives in health sector
Business Photo

Azerbaijan and Denmark discuss joint initiatives in health sector

  • 08 June, 2026
  • 14:41
Azerbaijan, US discuss increasing mutual investments
Business Photo

Azerbaijan, US discuss increasing mutual investments

  • 02 June, 2026
  • 23:22
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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.