Not without manually eventing it. It's very easy to do an invisible timer. All you need is a parallel process event with some wait frames, a variable, and a conditional branch. Ie. you set a variable to the number of seconds you want the timer. So Variable = 120 (for two minutes)
In the parallel process:
Wait: 60 frames
Variable -= 1
Conditional Branch: Variable <= 0
# Timer runs out
Branch END
If you want it to be visible, then you will need to do some picture eventing. This isn't hard so much as tedious; all it would involve is some modding and dividing of the variable and a method to show each digit. Ie. If you have 114 second left on the timer, you want to show 01:54. To get seconds, you first mod by 10. That will give you 4 and then you show it using Conditional Branches (ie. if var == 0 Show Picture 0, etc...). Youw ould then get the 10 seconds, which you do by modding the original by 60 and dividing by 10. You get minutes by dividing by 60 and modding by 10. You get the tens by dividing by 600.