[3] He joined Price Waterhouse in July 1993 as an auditor, later moving on to the management consultancy practice,[4] Convinced by former PN leader Eddie Fenech Adami to get involved in politics,[5] Fenech was elected as a Birkirkara local councillor for the Nationalist Party in March 1997.
Fenech was appointed Parliamentary Secretary in the Ministry of Finance by Prime Minister Lawrence Gonzi on 27 March 2004.
While at the Ministry of Finance, Fenech worked on Malta's convergence with the Maastricht criteria for accession to the eurozone.
[4] Following the 2008 election, Fenech was appointed as Minister of Finance, Economy and Investment in Lawrence Gonzi's cabinet.
Despite these challenges, Malta's economy continued to register growth, while the jobless rate remained among the lowest in the European Union.