This Systematic Country Diagnostic analysis of growth, structural transformation, povertyreduction, and inclusion suggest that Rwanda will need to target the following outcomes to maintain rapid progress toward poverty reduction and shared prosperity: • a shift to a productivity-led growth through structural transformation, supported by increased agricultural productivity, agglomeration, and rural-to-urban transition; • an increase in the growth elasticity of poverty for inclusive growth by investing in humancapital, promoting private entrepreneurship, improving accountability for service delivery, and addressing vulnerability; • increased sustainability through addressing environmental degradation, building resilience to climate change, and maintaining debt sustainability.