COLOMBO (AFP) - A senior World Bank official wrapped up a visit to Sri Lanka promising nearly half a billion dollars in loans for the islands economic recovery after decades of ethnic war, the bank said Sunday. Managing Director Ngozi Okonjo-Iweala ended her two-day trip by reaffirming the World Banks strong and expanding support to Sri Lanka as it transitions towards a middle-income country in lasting peace, the bank said in a statement. We think near-term economic prospects are good. Economy is growing about 7.0 percent. We think the (2011) budget is a credible budget, Okonjo-Iweala said, adding that the government must ensure equitable growth to sustain peace. Sri Lankas economy is set to grow by a strong nine percent in 2011, up from 3.5 percent in 2009 when government forces were locked in a final battle with Tamil Tiger rebels.